FAR
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0.00% 50.0¢ far limited

FAN-1, page-2

  1. oakeyflat
    551 Posts.
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    06/08/14
    07:42
    Post #: 13775326
    Hi Fa9atron, The structure has the potential to contain 900mmbbls. The FAN-1 well will test the structure to provide better information to assess this potential. If FAN-1 shows that there is sufficient recoverable oil that might prove commercial, then the JV will have to make investment decisions regarding appraisal well(s) and if they give the right results, then further investment decision regarding development to get the oil out of the ground. All of which costs big $$$.
    FAR Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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